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Raptor Metals Ltd (ASX:RAP)

ALERT: Price-sensitive ASX Announcement for RAP
Current share price for RAP : $0.023 -0.036 (-61.02%)+
Announcement
Release
30 Jan 2026 10:47AM
Price at Release
$0.059
Full Release
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Summary
Raptor Metals Ltd, formerly Eastern Metals Limited, has released its quarterly activities and cash flow report for the quarter ending December 31, 2025. The company reported a net cash outflow from operating activities of $135,000, mainly due to exploration and evaluation, staff costs, and administration expenses. The net cash from investing activities was $20,000, and the financing activities resulted in a net inflow of $4.884 million, largely due to proceeds from equity securities. At the end of the quarter, the company had cash and cash equivalents amounting to $5.057 million. The company continues to focus on Canadian copper exploration with projects in the Bathurst Mining Camp, New Brunswick. No financing facilities were drawn during the quarter, and the estimated quarters of funding available stood at 37.5. Payments to related parties totaled $91,000, which included director and consulting fees.
Key Points
  • Raptor Metals Ltd reports net cash outflow from operating activities of $135,000.
  • Net cash from investing activities was $20,000 for the quarter.
  • Financing activities resulted in a net inflow of $4.884 million.
  • Cash and cash equivalents at quarter's end totaled $5.057 million.
  • The company focuses on Canadian copper exploration in Bathurst Mining Camp.
  • Estimated 37.5 quarters of funding available based on current cash flow.
  • Related party payments amounted to $91,000, covering director and consulting fees.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.